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Search Results 0 to 10 of about 11 (some duplicates have been removed)
worth $48,000. >> ben tracy, thanks. >>> pope benedict steps down on thursday. yesterday he gave his final sunday blessing and defended his decision to retire. this morning the pope changed the conclave rules allowing the cardinals to hold the conclave earlier than normal. and there is news surrounding one of the cardinals who was set to help pick benedict's successor. alan pizzey is in have the can city. >> reporter: more troubles for the vatican and the conclave. cardinal keith o'brien of scotland announced he was resigning and would not take part in the conclave to announce benedict's successor. he was accused of what's called inappropriate contact with four young priests some 30 years ago. the cardinal denies the allegations but said he was not taking part in the conclave so as not to detract from the major issue of choosing pope benedict's successor. that brings the number of voting cardinals down to 115. benedict told the faithful who came to his last sunday blessing that he was not abandoning the church but doing what was best to serve it. in his words, in a
as this week. >> pope benedict xvi giving his last sunday blessing to a massive crowd in st. peter's square. thanking the faithful before he resigns on thursday. and italians are heading to the polls today in a crucial parliamentary election that could shape their future. italy is one of europe's biggest economies. >> kelly: office depot's acquisition of office max among mergers that have been announced recently. wall street appear to have approved but the mergers must get by the justice department. lately they have made a habit of blocking similar deals. what is going on here? joining us is brenda buttner, anchor of "bulls and bears", and always good to see you. why are we seeing so many of these messager deals taking shape? >> money. there is so much corporate cash on the sidelines that has not been invested. essentially what is happening, i think outside the financial sector, it's estimated there is $1.7 trillion on the sidelines in corporate cash reserves. they need to do something with that money. they are feel more confident. they are going to go on a shopping spree and essentially bu
years old. >>> pope benedict has just days left as the leader of the roman catholic church and their scandal as a transition begins towards a new pope. abc's david wright reports from the vatican. >> reporter: britain's cardinal keith o'brian will not attend the conclave because his presence would be a distraction. this weekend, a british newspaper reported that four scottish priests claim o'brian made unwanted sexual advances on them in the '80s. allegations o'brian denies. it's the latest of several scandals to threaten the dignity of this ancient process. other voting cardinals are known to have covered up for pedophile priests. l.a.'s roger mahoney for one, president obama's former ambassador to the holy sea suggested mahoney consider bowing out too. >> he has to decide for himself in terms of what is in the best interest of the church. >> reporter: then there's the italian papers. full of reports of a dossier prepared for the pope's eyes only. supposedly detailing a sex and blackmail scandal inside the vatican. this is beginning to sound like a dan brown novel. >> well
with the holy father. the pope benedict xvi would tell the cardinals and bishops, talk, open up, let it all be known. >> reporter: he agrees with victims here in milwaukee that the archdiocese has taken an especially hard line to keep abuse secrets hidden and to protect its money. representing hundreds of clergy abuse victims from around the country. >> the archdiocese of milwaukee has been particularly deceitful because they've been insulated for so long. they felt and believed they could get away with it. >> reporter: for decades, wisconsin's state law prevented most victims of sexual abuse from filing lawsuits which protected the church. when that changed, critics say the archdiocese prepared for upcoming lawsuits by moving its money. church financial records show $55 million buried here, in a cemetery trust fund. the church says the money was paid by people who bought burial plots at eight archdiocese cemeteries. a law professor says that if any money was moved to protect the abuse victims, the diocese may have broken the law. >> you can't, in anticipation of insolvency, transfer assets
newspapers lately that there is a possibility of an american successor to pope benedict the xvi. he will begin his last week as leader of the catholic church. the u.s. will have an unprecedented voice actually in the election of a new pope because the u.s. is sending eleven cardinals as electors to the papal conclave and they must be all under the able of 80 to be voting. that makes them second only to the italian contingent, the second largest group of electors are coming from america which is unprecedented. i am joined by father frank pravone, the national director of priests for life. nice to have you here today. >> good to see you today. martha: what do you think of this. cardinal dolan comes up and cardinal o'malley pointing to him from boston as well as a possibility. how likely do you think that is? >> well, you know, anything is possible. i think it's considered more likely than it has been in the past. but of course between now and the election there is going to be a lot of speculation. you'll see various lists being generated of possible names, and who is on those lists de
and who may be his successor next week on today. pope benedict. >> i look forward to that. to natalie morales with a check on today's headlines. >> good morning. >>> as many as 30 million americans are in the path of a major winter storm that brought snow and high winds to southern arizona wednesday. it forced the first ever suspension of match play at the world golf championships? much heavy snow is causing dangerous whiteout conditions today in kansas and nebraska. hundreds of flights have been canceled. >>> a stunning development today at the bail hearing for south african olympic star oscar pistorius. prosecutors reveal the lead investigator in the murder trial of pistorius is himself facing seven attempted murder charges over a police shooting in 2011. >>> meantime, nike said today it has suspended its contract with pistorius, accused of gunning down his girlfriend on valentine's day. >>> the stunning death of a gynecologist in the baltimore area has many patients wondering if they were victims of a shocking violation of privacy. lisa myers reports. >> reporter: baltimore police
will be stepping down here and -- pope benedict ythe 16th will be stepping down. he had met george at the vatican. pope john shook his hand. he said to him, when you meet did youer and he askes, feed the hungry? you can say, yes, i did. george mcgovern did say that 1000 times over. .- can say that 1000 times over even when we do not realize or knowledge it. continuing to plow ahead, and develop agricultural policies in innovative ways, they can small, -- big and small, so can all of us. thank you. [applause] >> wow. we have had three great addresses this morning. joe be the outlook -- gave the outlook. secretary vilsack challenged us. senator daschle gave an overwhelmingly give you to american agriculture . a lot of food for thought. our panelists will answer some of your questions. yes? no? they are in the back. so, people can line up. i will tell you what, let's take a question from one of the students in the front. ok. yeah. i think a mike is coming up. come to this woman in the front corner. thank you. go ahead. >> my name is travis. and undergraduate student. my question is for all of you. t
benedict the 16th will keep the title as his holiness and will be called pontiffs emeritus . benedictus surprise the world when he announced earlier this month that he would retire effective on thursday. the catholic church is cardinal will meet at the vatican to collect a successor. they're trying to hold a conclave before march 15th, with the hope that a new pope can be chosen before march 17th. it or to have a pope in place for the holy week leading up to easter march 31st. >> watching gas prices this morning as they continue to rise, ever so slightly all across the nation. the national average is $3.78 a gallon. the state of california average is $4.23 a gallon. in san francisco $4.25. in oakland $4.17. in san jose $4.18 said. >> it is 736 cenow we will be back with more in a couple of minutes. a lot of sunshine at the golden gate bridge. it will get more beautiful. get out and enjoy that by all means if you can. we will be right back. get whatever you want, baby. hmm. let's just share a 20 piece. [ internal ] 20 mcnuggets, for only $4.99? oh, man. she's beautiful smart and sensible
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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